Hero Electric Optima HX Dual Battery. (Photo: Manav Sinha / News18.com)

Electric two-wheeler manufactures are expanding rapidly to meet the basis of consumer demand and the sector is expected to grow by 20% in the next five years.

  • News18.com
  • Latest update:October 25, 2021 at 7:19 PM IST
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Hero Electric, India’s largest two-wheeled electric vehicle company, is targeting the 1,000 sales touchpoint mark by the end of the 2022 fiscal year. Due to the growing demand for two-wheeled electric vehicles, the manufacturer will open 300 new sales touchpoints across the country. The move is driven by consumer-friendly policies from the central and state governments, better infrastructure, and increased awareness. Electric two-wheeler manufactures are expanding rapidly to meet the basis of consumer demand and the sector is expected to grow by 20% in the next five years.

Furthermore, Hero Electric has announced an increase in production capacity to double its sales from last year for the current fiscal year. Positive Q2 has set the tone with over 700 sales and service network at a record high in more than 500 cities in India. The growing demand has sparked the interest of entrepreneurs and veteran dealers from the automotive industry to inquire and set up Hero Electric dealerships in some of the country’s most remote cities.

Speaking about the development, Hero Electric CEO Suhinder Gill said we strongly believe that a strong and well-equipped network is the key to customer satisfaction as not everything can be explained on a virtual platform. Our well-trained POS and service are ready to answer any questions the customer may have in the operation, use and maintenance of electric scooters. Face-to-face interaction is also very important in building HERO brand trust and confidence as well as the comfort and lowest operating costs of our bikes. The network expansion signals a positive growth sign for the electric vehicle sector which has led to increased interest from merchants keen to lead the green mobility transformation with Hero Electric. We look forward to this next phase of electric mobility as our dealer partners drive growth and welcome people who want to be a part of this green revolution.”

The two-wheeled electric bike manufacturer is reporting a spike in inquiries from entrepreneurs and traditional ICE dealers to set up large company showrooms near highways for wider visibility and greater footfall. Hero Electric Atria, Flash at Comfort Speed, Optima HX and NYX HX in the city speed segments are still the most affordable electric vehicles in the 2W space that cater to the diverse driver requirements.

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